Anand Rathi Vs Groww Demat Account Comparison

Incorporated in 1994, AnandRathi is Mumbai based diversified financial services provider offering wide range of products and services to retail and institutional customers across India. Anand Rathi has physical presence at over 1200 locations in India through it offices and franchises. AnandRathi is member of BSE, NSE, MCX, NCDEX, USE, CDSL and NSDL.

Groww is a fast-growing online stock broker and mutual fund investment company. It offers services to invest in Equity, IPO, and Direct Mutual Funds. Groww started offering demat account services in 2020. It is a member of the CDSL depository.

Groww is an online discount broker. It charges a flat of Rs.20 or 0.05% per executed order whichever is lower as trade brokerage fee.

Groww demat account charges include Account Opening fee of Rs.0 (Free), AMC of Rs.0 (free) and Debit Transaction Charge of Rs.13.50 per script for delivery trades and zero for intraday trades.

4th Floor, Silver Metropolis Bld,
Jai Coach Compound, Opp.Bimbisar Nagar,
Goregoan E, Mumbai, Maharashtra, India 400065

Wealth Management, Investment Banking, Corporate Finance & Advisory, Brokerage & Distribution services in the areas of equities, commodities, mutual funds, structured products, insurance, corporate deposits, bonds & loans and Depository Services (CDSL and NSDL)

Nil

• Scheme I: Rs 450 (Free for 1st Year)

• Scheme II : Nil (with credit balance of Rs 3000 (refundable))

• Scheme III: Rs 450 + Rs 500 CDSL charges (Corporate)

Nil

• Scheme I & II: Rs 3 per certificate plus Rs 35 per request.

• Scheme I & II: Rs 15 for every 100 securities or a Flat fee of Rs 15 per certificate, Whichever is higher + 20 Postage chg

• Scheme I & II: Rs 15 Per ISIN [within POA to AnandRathi Pool Account ]

• Other Than AnandRathi Minimum Rs 20 and Maximum Rs 500 or 0.02% of the market value whichever is lower

Scheme I & II: 0.01% of value or min Rs 50 per request

Scheme I & II : Nil

Scheme I & II: 0.01% of value or min Rs 50 per request

Scheme I & II: Rs 25 per Instruction

• Scheme I & II: For instructions received on same day of Pay-in Rs 25 per scrip will be chraged
• Demat rejection: Rs 25
• Extra statement: Rs 15 per statement.
• Any Modification: Rs 15 per request